China State Construction Engineering (SHSE:601668) Research & Development: ¥43,753 Mil (TTM As of Mar. 2026)


SHSE:601668 China State Construction Engineering Corp Ltd SHSE:601668
56 GF Score
Price ¥4.40
GF Value ¥5.17
Valuation Modestly Undervalued
! 6 Warning Signs
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What is China State Construction Engineering Research & Development?

China State Construction Engineering SHSE:601668 -0.90% 56 Research & Development is ¥43,753 Mil as of Mar. 2026. GuruFocus rates SHSE:601668 with a GF Score™ of 56/100 and a GF Value™ of ¥5.17 (Modestly Undervalued). The stock has 6 warning signs investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. China State Construction Engineering's Research & Development for the three months ended in Mar. 2026 was ¥5,624 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 was ¥43,753 Mil.

China State Construction Engineering  (SHSE:601668) Research & Development Explanation

If competitive advantage is created by a patent or tech advantage, at some point it will disappear.

High R&D usually dictates high SG&A which threatens the competitive advantage.

China State Construction Engineering Research & Development Related Terms

China State Construction Engineering Research & Development Historical Data

* Premium members only.

The historical data trend for China State Construction Engineering's Research & Development can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

China State Construction Engineering Research & Development Chart

China State Construction Engineering Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Research & Development
Get a 7-Day Free Trial Premium Member Only Premium Member Only 40,019.75 49,753.24 46,073.57 45,464.67 44,009.42

China State Construction Engineering Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Research & Development Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5,880.38 11,546.00 6,552.61 20,030.43 5,623.82
SHSE:601668
56GF Score
China State Construction Engineering Corp Ltd SHSE:601668
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
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China State Construction Engineering Research & Development Calculation

This is the expense the company spent on research and development.

Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥43,753 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Research & Development →
What does a Research & Development of ¥43,753 Mil mean?
China State Construction Engineering (SHSE:601668) has a Research & Development of ¥43,753 Mil as of Mar. 2026. Research and development expense is the total cost for research and development activities. View historical data on China State Construction Engineering and its competitors.
Is China State Construction Engineering's Research & Development too high?
China State Construction Engineering's current Research & Development is ¥43,753 Mil. Overall, China State Construction Engineering has a GF Score™ of 56/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does China State Construction Engineering's Research & Development compare to PWR and FIX?
China State Construction Engineering's Research & Development of ¥43,753 Mil can be compared against companies in the Construction industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Research & Development for a Construction company?
A good Research & Development depends on the Construction industry context. However, Research & Development should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Research & Development mean?
A high Research & Development can signal that a stock is expensive relative to its fundamentals. Research and development expense is the total cost for research and development activities. View historical data on China State Construction Engineering and its competitors. China State Construction Engineering's current Research & Development is ¥43,753 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China State Construction Engineering stock overvalued right now?
Based on GuruFocus' analysis, China State Construction Engineering (SHSE:601668) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥5.17, compared to a current price of ¥4.40 — trading 14.9% below its estimated fair value. The current Research & Development is ¥43,753 Mil. China State Construction Engineering's overall GF Score™ is 56/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Research & Development calculated?
Research & Development is calculated from a company's financial statements. For China State Construction Engineering (SHSE:601668), the current Research & Development is ¥43,753 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is China State Construction Engineering (SHSE:601668) Overvalued in 2026?

Based on GuruFocus' analysis, China State Construction Engineering stock appears to be undervalued. The current stock price of ¥4.40 is trading 14.9% below its estimated GF Value™ of ¥5.17. GuruFocus considers China State Construction Engineering to be Modestly Undervalued.

Key valuation signals for SHSE:601668:

  • Research & Development: ¥43,753 Mil
  • GF Value™: ¥5.17 vs. price of ¥4.40 (14.9% below fair value)
  • GF Score™: 56/100 with 6 warning signs

No single metric tells the full story. See the SHSE:601668 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

China State Construction Engineering Business Description

Address Anding Road, Building 3, Courtyard 5, China Construction Fortune International Center, Chaoyang District, Beijing, CHN, 100029
China State Construction Engineering Corp Ltd is a construction and real estate conglomerate. The company conducts its operations through five segments: Housing Construction segment, Infrastructure Construction and Investment segment, Real Estate Development and Investment segment, Design & Survey segment, and Others segment. It derives the majority of its revenue from the Housing Construction segment. The company's services include product technology research and development, survey and design, real estate development, engineering contracting, equipment manufacturing, asset operation, and property management.
56GF Score

Get the complete analysis for SHSE:601668

Research & Development is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

¥4.40
Price
¥5.17
GF Value